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Have you ever imagined yourself selling life or health insurance policies to individuals on behalf of an insurance company? If so, then you should consider obtaining a corporate insurance license from ....
If you are a corporate agent who wants to represent an insurance company and sell their products, then there is only one way to do this, apply for a corporate agent license. You should apply for the c ....
An NBFC-P2P lending platform serves as a digital marketplace for participants involved in peer-to-peer lending. It is a class of NBFC recognized by the Reserve Bank of India (RBI). If you want to lear ....
Directors help to ensure the company’s regulatory compliance with regulatory requirements. For any company, the appointment of directors is crucial. Appointment of a director in an NBFC company ....
Anyone who wants to launch a payment wallet system in India has to obtain a Payment Wallet License, also known as a Certificate of Authorization. The Reserve Bank of India provides a license as per th ....
With the rapid penetration of digital payment systems and the ongoing financial technology revolution in India, particularly after demonetisation, there has been an unprecedented level of ease in mone ....
Foreign Exchange, or simply known as Forex, refers to the conversion of one currency to another. Many people actively engage themselves in forex trading, which is the buying and selling of global curr ....
The Liberalised Remittance Scheme (LRS) is a scheme launched by the Reserve Bank of India (RBI) in 2004. Under the LRS scheme, resident Indians are allowed to remit a certain amount of money to anothe ....
The Legal Metrology Department, as per Section 22 of the Legal Metrology Act, 2009, necessitates the approval for the weight and measurement products. Model Approval is a certificate which is issued t ....
On August 3rd, 2023, a notification has been released for India's import policy by the Directorate General of Foreign Trade. The change is implemented on import of items such as personal computers, tab ....
Import License in India: Why was it sought during COVID?
The Centre government, during the COVID-19 Pandemic, expedited the clearance process to import nebulizers, oxygen concentrators, and other lif ....
In the world of weights and measures, dealers play a crucial role in ensuring fairness and accuracy. They aren't just selling measuring instruments; they’re educators too. By guiding consumers an ....
The Legal Metrology Act of 2009 is the defined Legislature regulating the standards of weights and measures in Indian Trade and Commerce companies. The Legislation mandates the usage of all weighing a ....
For all the pre-packaged food products sold in India, the Food Safety and Standards (Packaging and Labeling) Regulations, 2011 is applicable. It is a notification issued by Food Safety and Sta ....
The companies can relabel products and sell them under their own brands. They can purchase a product of another business, modify it and resell. The process can be done until it's not violate the intell ....
Preface: This post was originally published in 2024 and has been updated on March 11, 2025, to provide you with the most current and accurate information.
The purpose of legal metrology is to make
Every business has some capital requirements for conducting its operations. Heavy capital machinery forms one such requirement. These machinery or equipment are immovable once installed. But to employ ....
The Insurance Self-network Platform in e-commerce is gaining popularity among buyers and sellers. In the insurance market, many companies are looking for an online platform to promote their goods. To ....
Every registered ISNP. i.e., the Insurance Self Network Platform must comply with the IRDAI set regulations after its incorporation. Such compliance is issued by the IRDAI, i.e., the Insurance Regulat ....
A mediclaim policy is a kind of health insurance policy wherein the insurer reimburses the policyholder for medical expenses spent on a medical treatment. Many mediclaim insurance companies in India o ....
Life is unpredictable. We are all uncertain about what can happen the next moment. This is why, for leading an almost risk-free life, the most practical option for an individual would be to get insura ....
P2P License is an RBI-issued business permit to establish a Peer to peer lending platform that allows the borrowing and lending of money by way of crowdfunding. It is a new way of lending and borrowin ....
The insurance surveyor works as a link between the insurance company and the policyholder. Even though the surveyors are a link between the two parties, they must do their job independently without be ....
A Licensed Surveyor and Loss Assessor is an Insurance Claim verification agency that does the following:
The Legal Metrology Department (J&K) sealed 30 illegal petrol pumps across Kashmir on 16th January, 2025, after inspections were carried out in 7 districts of Kashmir i.e., Budgam, Bandipora, Bara ....
Legal metrology consultants are not the most sought-after experts in India. However, with the rise of manufacturing in the country, their demand is increasing. It has created an environment of despera ....
The Indian pharmaceutical industry is one of the largest pharmaceutical industries in the world. According to the India Brand Equity Foundation (IBEF), “Market size of the Indian pharmaceuticals ....
The businesses which run in the field of pharmaceuticals required a license to show their credibility in the industry. Also, retailers get extra cautious while purchasing drugs from wholesalers who do ....
The insurance industry is one of the major industries in India. The insurance market in India is expected to reach US$ 222 billion by 2026. The insurance intermediaries play an essential role in accel ....
Before you can sell an insurance policy, you need to obtain IRDAI license. This license is an authorization given by the Insurance Regulatory and Development Authority of India, allowing insurance com ....
Investment advisors are financial professionals or business entities that provide personalized advice to clients on investing in securities and other financial products. The Securities and Exchange Bo ....
The Indian Finance Market has become one of the best places for the Indian and foreign investors to invest since it enables them to multiply their wealth overtime. The Indian Finance market has the po ....
Alternative Investment Funds have become a popular investment option in India. By investing in AIFs, investors can earn good profit on the amount invested.
There are many types of alternative i ....
To make out a company’s profitability and potential returns, earning per share is an important financial measure. If the EPS is high, it signifies good profit-making potential for investors and ....
Intraday trading refers to the buying and selling of stocks in the stock exchange on the same day. In this kind of trading stocks are bought, not for investment purposes, but for the goal of realizing ....
Cumulative abnormal return is a commonly used term in the world of finance. However, many people do not know about its meaning. Basically, cumulative abnormal return is a type of financial metric. In ....
Once you start investing, changing your broker later can be complicated. Hence, it is important to choose the right broker from the beginning. Doing so will allow you to invest in the share market wit ....
The journey of depositories began with the establishment of NSDL, the oldest depository in India. At present, there are two depository institutions in India, NSDL and CDSL. All the depository particip ....
Investing in Initial Public Offering (IPO) is a great opportunity for investors. If the company's shares increase in value after the IPO launch, early investors can gain profit significantly. You can a ....
In India, there are two prominent depositories, namely, National Securities Depository Limited (NSDL) and Central Depository Services Limited (CDSL). Both of them are registered with the Government of ....
